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Racing Victoria stated it was yet to approve any wagering operator to offer bitcoin betting. The Australian man, based mostly in south-east Asia, does however believe bitcoin and betting sites are a match made in heaven for fixers. Suspicious bets positioned on unregulated offshore betting sites are already tough for Australian authorities to monitor. Gambling with bitcoins isn’t allowed on Australian sites, but that doesn’t mean Australian sports activities aren’t attracting interest on the worldwide cryptocurrency betting market. There are additionally questions over how efficient match-fixing legislation shall be towards such exercise being carried out by way of the bitcoin betting market.

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